There are market level jams and traders are losing money due to momentous pull backs. Let's briefly discuss it!

Strong selling pressure and middle East tension are playing at the moment. $2.75T is a strong ceiling for market cap which is not the highest. We have seen the markets at $3T. However, at these levels particularly when BTC moves above $71K, a super selling pressure starts to mount causing markets to plunge. 8 times BTC has tried to explode above the resistance and it failed which is historically rare. The markets need fresh inflows and a broader spread to resolve liquidity issues or there will be pull backs playing havoc with the ventures of new traders.

Traders must mark caution! 95% of the traders are making negative gains. That means they're losing their principal amounts even though the cycle of bulls market has been around for a year. Traders need to learn before they trade or must seek professional advisory. Remember, preserving your capital is more important than booking and preserving profits.